Bank Of America Leasing Credit Sr Officer/Leasing Officer II 

United States, Illinois, Chicago 

399463206

Job Description:

Job Description:

The Leasing Credit Officer II uses this client knowledge to assess the appropriateness of existing solutions and to propose optimal financing alternatives or additional financing solutions. Directly accountable for managing credit quality and the approval process through their interaction with Risk Management Officers and Senior Management.

Responsibilities:

• Evaluates new end-user credit opportunities including identification and assessment of risks and identifies mitigating factors

• Partners with client-facing teammates to consult on sales opportunities and provide the product expertise and consultation necessary to deliver the best possible solution to the client

• Underwrites new transactions, analyzes credit risk, negotiates and closes deals, while adhering to internal policy, procedures and regulatory requirements

• Structures the terms of a lease/loan with respect to the various aspects that make up a lease/loan (e.g. pricing, rates, payment, term, collateral)

• Manages the credit process for a portfolio of clients including reviewing financial statements, assessing the client's compliance with financial covenants, confirming the accuracy of risk ratings, and recommending changes as warranted

Required Qualifications:

• 7+ years experience in commercial banking related role for Leasing Credit Sr Officer, 5+ years experience in commercial banking related role for Leasing Credit Officer II

• Must have proficientcredit and risk analysis skills

• Must have strong presentation, structuring and financial statement analysis skills of complex transactions

• Proficient Microsoft Office skills

Desired Qualifications:

• Undergraduate degree in finance or accounting; MBA preferred

• Proven ability to analyze, interpret and negotiate third party documentation

• Proven ability to identify trends and emerging risks in underwriting and client selection

Skills:

• Financial Analysis

• Loan Structuring

• Research Analysis

• Risk Management

• Underwriting

• Account Management

• Credit Documentation Requirements

• Credit and Risk Assessment

• Decision Making

• Issue Management

• Analytical Thinking

• Coaching

• Collaboration

• Critical Thinking

• Customer and Client Focus

• Problem Solving

• Organized, Multi-task

1st shift (United States of America)